SoftBank Group plans a record ¥1 trillion ($6.3 bln) retail bond offering to help meet its investment commitments to OpenAI. The seven-year bonds are expected to price on Sept. 4 with initial coupon guidance of 4.3–4.9%. SoftBank has pledged more than $60 bln to OpenAI and has been raising funds to support those investments. The group is accelerating data-center spending as demand from OpenAI and hyperscale cloud providers for AI compute rises. This would be SoftBank’s third retail bond sale thi

U.S. President Trump posted late local time that Canada "wants to enjoy the benefits of being a U.S. state without actually becoming one" and "has for years imposed high tariffs on our farmers," adding "Enough!"

NVIDIA is negotiating an equity investment in AI startup Perplexity that would value the company at over $30 bln, people familiar with the matter said. The funding round could total several bln dollars and would mark a valuation jump of more than 50% versus Perplexity's prior round a year ago. Sources said Perplexity's annualized revenue has risen from under $250 mln at the start of the year to above $750 mln, partly driven by its Perplexity Computer AI agent. Perplexity has raised more than $1.7 bln to date from NVIDIA and other investors including New Enterprise Associates, Accel and SoftBank; NVIDIA CEO Jensen Huang has said he frequently uses Perplexity.